Don't Ignore This Chart! June 28, 2019 at 09:05 AM
The frustration of watching the market trade sideways for a year goes on. After the Fed meeting and Options Expiration, the market has wandered sideways yet again; from Tuesday's close to the following Thursday close, the market is up 0.25%... Read More
Don't Ignore This Chart! June 27, 2019 at 08:13 AM
I do not believe that there is just one single tool, strategy, method, etc. that fits all our needs as investors or traders... Read More
Don't Ignore This Chart! June 26, 2019 at 09:57 AM
The Consumer Staples SPDR (XLP) is the third best performing sector over the last three months and one of only three sector SPDRs to record a new high here in June (along with XLU and XLRE). In addition, the S&P 500 is trading comfortably above its 200-day SMA... Read More
Don't Ignore This Chart! June 25, 2019 at 06:19 PM
Everyday, the market presents new investing ideas. Sometimes it's a common brand resurgence, other times it's a macro thesis driving industry groups higher... Read More
Don't Ignore This Chart! June 24, 2019 at 08:20 AM
The S&P 500 hit a new high last week and the Health Care SPDR (XLV) broke out of a large symmetrical triangle with a big surge in June. The stock market is in bull mode and healthcare is coming alive. XLV was the worst performing sector from January to May (+1... Read More
Don't Ignore This Chart! June 20, 2019 at 08:04 AM
Relative Rotation Graphs can be used to visualize the relative movement of much more than just stocks and sectors. In the example below, the RRG shows the relative rotation for the G10 currency universe using USD as the base currency... Read More
Don't Ignore This Chart! June 19, 2019 at 09:57 AM
I featured GE in mid-May as it attempted to break out of a falling wedge (DITC on May 15th). The breakout failed as the stock fell back in May, but a higher low formed and a triangle evolved... Read More
Don't Ignore This Chart! June 18, 2019 at 04:54 PM
Wynn Resorts (WYNN) is a gambling stock with nice trending runs in both directions. In a favorable scenario, owning this stock could allow you to make some significant gains in a short period of time... Read More
Don't Ignore This Chart! June 17, 2019 at 09:04 AM
It has been a rough three months for many biotechs and the Biotech iShares (IBB), but Illumina (ILMN) rose above the crowd with a big gain and three month high. The long-term chart also looks bullish... Read More
Don't Ignore This Chart! June 14, 2019 at 01:00 PM
Weyerhauser (WY) is a forestry stock with a nice pattern setup. As a commodity stock, we want to buy near the lows. While this week's move was aggressive, it is happening industry-wide; through mill closures to slow supply, the stocks are starting to respond... Read More
Don't Ignore This Chart! June 13, 2019 at 04:42 AM
The Relative Rotation Graph for US sectors shows the sector Real Estate (XLRE) inside the weakening quadrant, but that sector moving upward (almost vertically) on the JdK RS-Momentum scale. This type of rotation usually indicates that a second (or third, etc... Read More
Don't Ignore This Chart! June 12, 2019 at 08:48 AM
It has been a tough three months for most auto stocks with the Global Auto ETF (CARZ) falling around 1.22%. In contrast, the S&P 500 SPDR (SPY) is up 4.21% since March 11th... Read More
Don't Ignore This Chart! June 11, 2019 at 06:15 PM
eBay (EBAY) had a nice run from mid-2016 to January 2018, but trended down all of 2018. Since then, though, eBay has wiped out most of that drop and now sits at a pivotal $38. The chart below tells the story better... Read More
Don't Ignore This Chart! June 10, 2019 at 11:06 AM
Stocks moved sharply higher last week with several bouncing off broken resistance levels with gap reversals. JP Morgan is one such stock and last week's gap becomes the first area to watch going forward. The chart shows JPM breaking out in mid April with a surge to the 116 area... Read More
Don't Ignore This Chart! June 07, 2019 at 04:04 PM
FedEx announced that it has made a strategic decision to not renew the FedEx Express contract for Amazon's US domestic service. In the announcement, the press release mentioned that Amazon made up 1.3% of the total revenue for FDX... Read More
Don't Ignore This Chart! June 06, 2019 at 10:47 AM
One of the Relative Rotation Graphs that I like to follow, as a way of keeping a handle on the bigger picture, is the one that shows the rotation of growth- versus value stocks... Read More
Don't Ignore This Chart! June 05, 2019 at 06:11 AM
Semiconductor stocks fell hard in May, but many software names held up quite well in May and simply consolidated. Accenture is one such name as the stock held above the breakout zone and simply consolidated the last five weeks... Read More
Don't Ignore This Chart! June 03, 2019 at 11:40 AM
May was a tough month for the broad market indexes and nine of the eleven sectors. Only the Utilities SPDR and Real Estate SPDR advanced in May as the other nine sectors fell. Stocks that closed higher in May bucked some serious selling pressure and could be worth a second look... Read More
